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Sunland Bank has 7 3 2 , 8 0 0 , 0 0 0 shares of common stock outstanding that are currently selling for $
Sunland Bank has shares of common stock outstanding that are currently selling for $ per share on the New York Stock Exchange. If Sunland's net income was $ in the year that just ended, what was its earnings per share and what is its current priceearnings ratio? Round answers to decimal places, eg
Earnings per share
$
Priceearnings ratio
times
If the typical priceearnings ratio for a bank is currently what does the priceearnings ratio for Sunland tell you about its prospects?
The market is optimistic about Sunland's prospects than it is about the prospects of the typical bank.
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